Finance Shop > Banking & Savings | Wednesday 30 April 2008

Most couples 'want to separate their money'

A new poll has found that most couples would separate their money from their partner's if they could.

Research from money transfer company PayPal has found that 17 per cent do not want to be responsible for their partner's spending, while 12 per cent say they do not want to argue with their other half over finances.

Indeed, more than half of couples had their first argument about money while they were dating, with 27 per cent adding that it came post-nupitals.

Cristina Hoole, spokesperson for PayPal UK commented that there is a growing trend of people keeping their finances separate.

She said: "It also appears that arguments over money are most frequent after people have been in a relationship for a while, perhaps people wait until they feel settled with their partner before bringing up the sticky subject of finances."

This comes as Ernest Harburg, professor emeritus with the U-M School of Public Health and the Psychology Department, has stated that arguing with one's spouse can be healthy.

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